Lower nuclear output means more power will probably need to be produced from coal and natural gas, boosting demand for carbon allowances.
EU carbon permits for December advanced 1.1% to 97.81 euros as of about noon London time on ICE. They earlier rose to about 98.42 euros a ton, according to ICE’s website data (which does not include every trade).
They are near record levels, bringing billions of euros into government coffers each year.
